Associated Banc-Corp director granted 417 shares

Associated Banc-Corp director Eileen A. Kamerick received two grant/award acquisitions of common stock on September 15, 2025, totaling 417 shares (45 and 372) at $25.9200 per share.

Rhea-AI Filing Summary

Associated Banc-Corp director Eileen A. Kamerick received two grant/award acquisitions of common stock on September 15, 2025, totaling 417 shares (45 and 372) at $25.9200 per share.

Following these awards, she directly holds 50,857 shares of Associated Banc-Corp common stock. Footnote context describes dividend equivalent units tied to restricted stock units that are payable solely in common shares upon vesting or after board service ends.

Insights

Financial Analyst

TL;DR Insider received small share amounts via dividend equivalents; transactions are routine and do not indicate a material balance shift.

These are non-derivative acquisitions identified as dividend equivalent units tied to restricted stock units, paid solely in shares on vesting. The total shares acquired on 09/15/2025 equal 417 shares at $25.92 each. Reported beneficial ownership figures provide context on the director's stake but the filing does not disclose broader portfolio or timing strategy. No derivatives, option exercises, or dispositions are reported.

Corporate Governance Expert

TL;DR The filing documents routine compensation-related share accruals for a director, consistent with equity-based director pay practices.

The transactions are described as dividend equivalent units related to restricted stock units, with standard vesting or post-service payout conditions noted. The disclosure is specific about payment in shares and the circumstances for fully vested equivalents after leaving board service. The form is signed by an authorized attorney-in-fact, indicating proper procedural handling of the filing.

Insider Trade Summary

Grant/Award: 417 shares

Grant/Award 2 txns

Insider KAMERICK EILEEN A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock $0.01 Par Value	45	$25.92	$1K
Grant/Award	Common Stock $0.01 Par Value	372	$25.92	$10K

Holdings After Transaction: Common Stock $0.01 Par Value — 50,857 shares (Direct)

Footnotes (2)

1. F1. Dividend equivalent units, which vest on the first anniversary of the grant of the restricted stock units to which they relate, are payable solely in shares of common stock upon vesting (subject to deferral if so elected by the Insider).
2. F2. Fully vested dividend equivalents received on restricted stock units payable solely in shares of common stock following the date the Insider ceases serving as a director.

Key Figures

First equity award: 45 shares Second equity award: 372 shares Total shares granted: 417 shares +2 more

5 metrics

First equity award 45 shares Non-derivative common stock grant on September 15, 2025

Second equity award 372 shares Non-derivative common stock grant on September 15, 2025

Total shares granted 417 shares Combined grants of common stock to director

Grant price $25.9200 per share Per-share valuation for both common stock awards

Post-transaction holdings 50,857 shares Director’s direct common stock position after reported grants

Key Terms

Dividend equivalent units, restricted stock units, deferral

3 terms

Dividend equivalent units financial

"Dividend equivalent units, which vest on the first anniversary of the grant"

Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.

restricted stock units financial

"anniversary of the grant of the restricted stock units to which they relate"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

deferral financial

"payable solely in shares of common stock upon vesting (subject to deferral"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider equity awards did ASBA report for director Eileen A. Kamerick?

Eileen A. Kamerick, a director of Associated Banc-Corp, received two non-derivative equity awards totaling 417 common shares at $25.9200 per share. These grants increase her direct ownership position in the company’s common stock.

How many Associated Banc-Corp (ASBA) shares were granted to the director?

On September 15, 2025, the director was granted 45 and 372 common shares, for a total of 417 shares. Both awards are reported as grant/award acquisitions of non-derivative common stock.

At what price were the ASBA director’s common stock awards valued?

Both common stock awards to the Associated Banc-Corp director were valued at $25.9200 per share. This per-share figure applies to the 45-share grant and the 372-share grant reported on September 15, 2025.

What is Eileen A. Kamerick’s direct ASBA shareholding after these grants?

After the reported awards, Eileen A. Kamerick directly holds 50,857 common shares of Associated Banc-Corp. This figure reflects her post-transaction position in the company’s common stock as stated in the holdings data.

How do dividend equivalent units affect ASBA director equity awards?

Footnotes explain that dividend equivalent units tied to restricted stock units vest after one year and are payable solely in common shares. Fully vested dividend equivalents are delivered in shares after the director’s board service ends, subject to any elected deferral.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 09/17/2025 - 01:46 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KAMERICK EILEEN A

(Last) (First) (Middle)

C/O ASSOCIATED BANC-CORP

433 MAIN STREET

(Street)

GREEN BAY WI 54301

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ASSOCIATED BANC-CORP [ ASB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock $0.01 Par Value	09/15/2025		A(1)		45	A	$25.92	50,485	D
Common Stock $0.01 Par Value	09/15/2025		A(2)		372	A	$25.92	50,857	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Dividend equivalent units, which vest on the first anniversary of the grant of the restricted stock units to which they relate, are payable solely in shares of common stock upon vesting (subject to deferral if so elected by the Insider).

2. Fully vested dividend equivalents received on restricted stock units payable solely in shares of common stock following the date the Insider ceases serving as a director.

	/s/ Lynn M. Floeter, attorney-in-fact for Eileen A. Kamerick	09/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.